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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2100 Unser Blvd Rio Rancho, NM 87124

3,187 SF 1.25 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee simple interest in a brand-new, 3,187 square foot Blake's Lotaburger restaurant located at 2100 Unser Blvd SE in Rio Rancho, New Mexico. The property, built in 2024 and opened October 3rd, 2024, sits on a 1.25-acre lot within the Village @ Rio Rancho development. This Class A, single-tenant net lease boasts a 15-year term with four 5-year renewal options, providing long-term security and rental increases of 10% every five years. The lease includes a corporate guarantee from Blake's Lotaburger, a well-established brand with 75+ locations. The property offers a 4.75% cap rate and a current NOI of $125,000, representing a strong return on investment. The property is zoned commercial and benefits from its prime location at the entrance of a 60-acre mixed-use development, promising significant future growth. This is a 1031 exchange eligible property, offering further tax advantages for qualified investors. The asking price is $2,631,500. This is a rare opportunity to acquire a high-performing, stable investment in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 3,187 SF
Lot 1.25 ac (54,450 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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